A trip through the Costa Rican coffee industryZEWS S.A.
STC has been set up to bring a transparent trading platform for local coops and producers.
STC brings pre financing, traffic, hedging, marketing and commercial solutions to our key suppliers.
A trip through the Costa Rican coffee industryZEWS S.A.
STC has been set up to bring a transparent trading platform for local coops and producers.
STC brings pre financing, traffic, hedging, marketing and commercial solutions to our key suppliers.
A Sneak Peek into a Transparent Future: Updates in Effective TraceabilitySustainable Brands
SB'14 San Diego
Derek Bothereau, Project Manager, SustainAbility
Arthur Karuletwa, Director of Traceability, Starbucks
Amy Jackson, Senior Credibility Manager, ISEAL Alliance
This session introduces trends and drivers in effective traceability of commodities and products throughout the supply chain. It lays out the landscape of technological advances contributing to new options for traceability solutions, as well as other developments such as changing stakeholder perceptions or evolving incentives within a broader supply chain management agenda.
Presentation during the Bureau of Agricultural Research (BAR) Seminar Series on January 25, 2018 at RDMIC Bldg., cor. Visayas Ave., Elliptical Rd., Diliman, Quezon City
A Sneak Peek into a Transparent Future: Updates in Effective TraceabilitySustainable Brands
SB'14 San Diego
Derek Bothereau, Project Manager, SustainAbility
Arthur Karuletwa, Director of Traceability, Starbucks
Amy Jackson, Senior Credibility Manager, ISEAL Alliance
This session introduces trends and drivers in effective traceability of commodities and products throughout the supply chain. It lays out the landscape of technological advances contributing to new options for traceability solutions, as well as other developments such as changing stakeholder perceptions or evolving incentives within a broader supply chain management agenda.
Presentation during the Bureau of Agricultural Research (BAR) Seminar Series on January 25, 2018 at RDMIC Bldg., cor. Visayas Ave., Elliptical Rd., Diliman, Quezon City
Hamdard Laboratories (India), is a Unani pharmaceutical company in India (following the independence of India from Britain, "Hamdard" Unani branches were established in Bangladesh (erstwhile East Pakistan) and Pakistan). It was established in 1906 by Hakeem Hafiz Abdul Majeed in Delhi, and became
a waqf (non-profitable trust) in 1948. It is associated with Hamdard Foundation, a charitable educational trust.
Hamdard' is a compound word derived from Persian, which combines the words 'hum' (used in the sense of 'companion') and 'dard' (meaning 'pain'). 'Hamdard' thus means 'a companion in pain' and 'sympathizer in suffering'.
The goals of Hamdard were lofty; easing the suffering of the sick with healing herbs. With a simple tenet that no one has ever become poor by giving, Hakeem Abdul Majeed let the whole world find compassion in him.
They had always maintained that working in old, traditional ways would not be entirely fruitful. A broader outlook was essential for a continued and meaningful existence. their effective team at Hamdard helped the system gain its pride of place and thus they made an entry into an expansive world of discovery and research.
Hamdard Laboratories was founded in 1906 in Delhi by Hakeem Hafiz Abdul Majeed and Ansarullah Tabani, a Unani practitioner. The name Hamdard means "companion in suffering" in Urdu language.(itself borrowed from Persian) Hakim Hafiz Abdul Majeed was born in Pilibhit City UP, India in 1883 to Sheikh Rahim Bakhsh. He is said to have learnt the complete Quran Sharif by heart. He also studied the origin of Urdu and Persian languages. Subsequently, he acquired the highest degree in the unani system of medicine.
Hakim Hafiz Abdul Majeed got in touch with Hakim Zamal Khan, who had a keen interest in herbs and was famous for identifying medicinal plants. Having consulted with his wife, Abdul Majeed set up a herbal shop at Hauz Qazi in Delhi in 1906 and started to produce herbal medicine there. In 1920 the small herbal shop turned into a full-fledged production house.
Hamdard Foundation was created in 1964 to disburse the profits of the company to promote the interests of the society. All the profits of the company go to the foundation.
After Abdul Majeed's death, his son Hakeem Abdul Hameed took over the administration of Hamdard Laboratories at the age of fourteen.
Even with humble beginnings, the goals of Hamdard were lofty; easing the suffering of the sick with healing herbs. With a simple tenet that no one has ever become poor by giving, Hakeem Abdul Majeed let the whole world find compassion in him. Unfortunately, he passed away quite early but his wife, Rabia Begum, with the support of her son, Hakeem Abdul Hameed, not only kept the institution in existence but also expanded it. As he grew up, Hakeem Abdul Hameed took on all responsibilities. After helping with his younger brother's upbringing and education, he included him in running the institution. Both brothers Hakeem Abdul Hameed and Hakim Mohammed
Vietnam Mushroom Market Growth, Demand and Challenges of the Key Industry Pla...IMARC Group
The Vietnam mushroom market size is projected to exhibit a growth rate (CAGR) of 6.52% during 2024-2032.
More Info:- https://www.imarcgroup.com/vietnam-mushroom-market
Roti Bank Hyderabad: A Beacon of Hope and NourishmentRoti Bank
One of the top cities of India, Hyderabad is the capital of Telangana and home to some of the biggest companies. But the other aspect of the city is a huge chunk of population that is even deprived of the food and shelter. There are many people in Hyderabad that are not having access to
Ang Chong Yi Navigating Singaporean Flavors: A Journey from Cultural Heritage...Ang Chong Yi
In the heart of Singapore, where tradition meets modernity, He embarks on a culinary adventure that transcends borders. His mission? Ang Chong Yi Exploring the Cultural Heritage and Identity in Singaporean Cuisine. To explore the rich tapestry of flavours that define Singaporean cuisine while embracing innovative plant-based approaches. Join us as we follow his footsteps through bustling markets, hidden hawker stalls, and vibrant street corners.
2. 2
ABOUT US
Founded in 1968 by farmers through their co-operative
societies.
Listed in the Nairobi Securities Exchange (NSE) in December
2008.
Shares previously held by the Co-operative Societies and
unions were ring-fenced under Co-op Holdings Co-operative
Society Limited which became the strategic investor in the
Bank with a 64.56% stake.
3rd largest bank in Kenya by asset base
Total Assets – Kes 580 Billion
Loan Book – Kes 310 Billion
Deposits – Kes 409 Billion
Branch Network – 178 (present in all coffee growing regions)
3. 3
Co-operative Bank Support to the Coffee Value Chain
Digitization
Access to Credit by Coffee Farmers
Facilitation of Coffee Trade
Consultancy and Capacity Building
5. 5
5
1. FACTORY ESTABLISHMENT – STABEX CAPEX
Capital Expense financing through STABEX
CAPEX facility to support societies in:
• Establishment of new/additional pulping
stations/factories
• Upgrade of infrastructure e.g. drying beds
• Establishment of coffee nurseries
2. FARM INPUTS – STABEX FILS
Inputs financing through STABEX – FILs Facility to support societies procure farm
inputs i.e. Crop Nutrition (fertilizers), Crop Protection (chemicals), soil testing
A. PRODUCTION LEVEL
6. 6
1. SOCIETY WORKING CAPITAL
Working Capital financing to support the society with:
• Repair and maintenance of machines and drying beds
• Processing materials at the factory level
• Payment of wages and salaries
• Payment of utilities (power, water etc)
B. PROCESSING LEVEL
7. 7
1. STABEX CHERRY ADVANCE PAYMENT (CAPS)
Farmers advance payment facility to support farmers pay for
labour during harvesting. It also supports them cater for
household expenses before they receive coffee proceeds at the
end of the season.
C. HARVESTING LEVEL
9. 9
COFFEE MANAGEMENT SYSTEM (CMS)
Co-operative Society
Commercial Miller / Agent
Grower Miller / Broker
Nairobi Coffee
Exchange
Coffee Management
System
Buyer
KEY
Flow of coffee
Flow of money
COFFEE TRACEABILITY
1) Farmer harvests cherry and delivers to the Co-operative Society.
2) Co-operative updates cherry records against each farmer in the CMS
3) Society does primary processing of cherry into parchment. Parchment is delivered to
miller
4) The miller updates parchment records against each society in the CMS and then
processes parchment into clean coffee. Clean coffee grades and weights are updated
in the CMS against each society
5) The agent prepares a catalogue of the clean coffee for sale and updates in the CMS
6) The Broker / Agent sell coffee through the Nairobi Coffee Exchange (Auction) or
Direct Sale to the Buyer
FARMER PAYMENTS
1) Buyer pays for coffee bought into the CMS Settlement Account
2) The CMS system will automatically recover service providers fees (Warehouse,
Miller, Agent, Broker) and Statutory fees from money received.
3) The system is able to track back the coffee and settle the net amount to the grower
(Society)
4) The system is integrated with Co-operative Bank online payment solution Pay2Fosa
which allows payment directly to the farmer through their bank account, savings and
credit society account or mobile wallet account e.g. M-Pesa
Farmer
Co-operative Society
Service Providers
(e.g. Warehouse)
11. 11
Facilitation Of Export - TRADE FINANCE
1. Export Letter of Credit – LC – Guaranteed Payment
i. Co-operative Union signs a contract with buyer with following details;
a) Description of coffee e.g. Grade & Cup profile
b) Number of coffee bags
c) Price per bag of Kg
d) Required accompanying documents
e) Preferred port of delivery
f) Terms of trade i.e. FOB/ CIF /CFR etc
g) Expected date of shipment/ delivery
h) Preferred Korean Bank
ii. The Co-operative Union will deliver documents to confirm the above to the
bank
iii. The bank sends the documents to the importer’s (buyer) bank
Applicable export docs
i. Certificate of Origin (CO)
ii. Phytosanitary Certificate -
Kenya Plant Health
Inspectorate Services
(KEPHIS)
iii. Certificate of Conformity -
Inspection by SGS
iv. Certificate of Weight
v. Packing List
vi. Bill of lading
vii. Stuffing Certificate
12. 12
Process Flow - Letters of Credit
Buyers Bank Seller’s Bank
3. Bank Issues LC
6. Documents
Buyer Seller
1. Contact agreement
4. Ship Goods
2.
Buyer
request
for
LC
3.
Bank
advices
LC
5.
Shipping
documents
7. Payment
8.
Payment
8.
Documents
Definition of words
• Seller - Coffee Exporter also known as
Beneficiary
• Buyer -Coffee Importer also know as
Applicant
• Documents - Documents called for in
a letter of Credit; Invoice, Bill of Lading,
Packing List, Phytosanitary Certificate
etc
• Payment is triggered by document and
is guaranteed as long as the documents
are compliant
13. 13
Facilitation Of Export - TRADE FINANCE
2. Documentary Collection
3. Open Account
53 Correspondent Banks
across the globe
Korea
• KEB Hana bank
• Standard Chartered Korea
• Citi Bank
• Deutsche Bank
US
• Citi Bank
• Standard Chartered Bank
• Deutsche Bank
How the Bank will Facilitate
1. Advisory services – Document checking
2. Pre-export finance
3. Commodity financing
15. 15
CO-OP CONSULTANCY &
BANCASSURANCE INTERMEDIARY LTD
Co-op Consultancy & Insurance Agency (CCBI) Limited, a fully owned subsidiary of Cooperative Bank of
Kenya, is an advisory firm that specializes in advising the Cooperative Societies on a wide range of areas.